Virtual Reality (VR) is proving to be a lucrative platform and companies all want a piece of the VR pie. HTC is the latest company to offer VR headsets, giving serious competition to Oculus.

HTC’s headsets are called HTC Vive and they certainly don’t come cheap. Priced at AU$1,114.42 (US$799), they are still a AU$279 (US$200) more expensive than their Oculus counterpart. The Oculus Rift headsets will set users back by AU$835.47 (US$599) that does not include tax and shipping. While Oculus Rift will start shipping by the end of March and on the pre-order form, Oculus Rift shows the expected ship date as July 2016, the HTC Vive sets sails to early adopters in early April.

However, despite the price tags, each VR headset comes with its share of pros and cons. For instance, along with the HTC Vive headset, users will also get the HTC Vive Base Stations and a Vive Link Box, 360-degree Vive controllers and a pair of Vive earbuds. The Vive Link Box can scan the gamer’s room and his/her place in it to map out their virtual world, reveals Digital Spy. This is all for a AU$1,114.42 (US$799) price tag.

Meanwhile, your AU$835.47 (US$599) will include the Oculus Rift box. The box contains the headset, sensor, remote, cables, Xbox One controller and access to two games, “Valkyrie” and “Lucky’s Tale” in EVE.

According to USA Today, the HTC Vive’s bundle also includes two VR experiences. The first is a Job Simulator by Owlchemy Labs. The second is the Fantastic Contraption by Northway Games in collaboration with Radial Games.

That is not all. HTC Vive also integrates the phone functionality into their headsets. Fast Company informs that HTC published a blog timed to its launch of Vive. The company has mentioned therein that the phone functionality enables users to stay connected to the real world, without exiting the virtual world. “Vive Phone Services demonstrates the ability to combine both realities without losing touch of either,” reflected the blog.

In terms of corporate direction, USA Today reports that HTC is teaming up with developers to go beyond gaming. In the future, its focus areas would include entertainment, retail, education, design, healthcare and automotive.